v3.26.1
General (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Earnings (Loss) Per Share
The following table illustrates the computation of Common Stock basic and diluted net earnings (loss) per share, provides a reconciliation of the number of weighted-average basic and diluted shares outstanding, when applicable, and provides the weighted-average number of anti-dilutive shares excluded from the computation of diluted weighted-average shares outstanding:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Net earnings (loss) per share - basic:
Common Stock$0.53 $0.24 $0.02 $(0.31)
Class B Common Stock$0.48 $0.22 $0.02 $(0.28)
Net earnings (loss) per share - diluted:
Common Stock$0.51 $0.23 $0.02 $(0.31)
Class B Common Stock$0.48 $0.22 $0.02 $(0.28)
Numerator:
Net earnings (loss)$15,844 $7,321 $491 $(9,495)
Denominator (in thousands):
Denominator for basic EPS30,733 31,304 30,707 31,453 
Effect of dilutive employee stock options212 47 146 — 
Effect of restricted stock units104 80 98 — 
Diluted weighted-average shares outstanding31,049 31,431 30,951 31,453 
Weighted-average number of anti-dilutive shares excluded from denominator (in thousands):
Employee stock options1,510 2,215 1,527 1,829 
Restricted stock units— — — 72 
Performance stock units375 238 344 213 
Total1,885 2,453 1,871 2,114 
Schedule of Shareholders’ Equity Activity impacting total shareholders’ equity for the six months ended June 30, 2026 and June 30, 2025 was as follows:
Common
Stock		Class B
Common
Stock		Capital
in Excess
of Par		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total Shareholders’
Equity
BALANCES AT DECEMBER 31, 2025$25,369 $6,985 $184,002 $268,561 $(12)$(27,527)$457,378 
Cash dividends:
$0.073 per share Class B Common Stock
— — — (510)— — (510)
$0.08 per share Common Stock
— — — (1,900)— — (1,900)
Exercise of stock options— — — — — 45 45 
Purchase of treasury stock— — — — — (2,331)(2,331)
Reissuance of treasury stock— — (313)— — 330 17 
Issuance of non-vested stock— — (2,429)— — 2,429 — 
Share-based compensation— — 3,824 — — — 3,824 
Comprehensive loss— — — (15,353)(3)— (15,356)
BALANCES AT MARCH 31, 202625,369 6,985 185,084 250,798 (15)(27,054)441,167 
Cash dividends:
$0.073 per share Class B Common Stock
— — — (510)— — (510)
$0.08 per share Common Stock
— — — (1,899)— — (1,899)
Exercise of stock options— — (274)— — 3,014 2,740 
Purchase of treasury stock— — — — — (2,097)(2,097)
Reissuance of treasury stock— — (13)— — 29 16 
Issuance of non-vested stock— — (282)— — 282 — 
Shared-based compensation— — 1,626 — — — 1,626 
Comprehensive income (loss)— — — 15,844 (3)— 15,841 
BALANCES AT JUNE 30, 202625,369 6,985 186,141 264,233 (18)(25,826)456,884 
Common
Stock		Class B
Common
Stock		Capital
in Excess
of Par		Retained
Earnings		Accumulated
Other
Comprehensive
Loss		Treasury
Stock		Total Shareholders’
Equity
BALANCES AT DECEMBER 26, 2024$25,237 $6,985 $177,172 $265,028 $(181)$(9,375)$464,866 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (447)— — (447)
$0.07 per share Common Stock
— — — (1,733)— — (1,733)
Exercise of stock options— — 1 — — 7 8 
Purchase of treasury stock— — — — — (7,642)(7,642)
Reissuance of treasury stock— — 1 — — 13 14 
Issuance of non-vested stock132 — (208)— — 76 — 
Share-based compensation— — 3,545 — — — 3,545 
Comprehensive loss— — — (16,816)(4)— (16,820)
BALANCES AT MARCH 31, 202525,369 6,985 180,511 246,032 (185)(16,921)441,791 
Cash dividends:
$0.064 per share Class B Common Stock
— — — (447)— — (447)
$0.07 per share Common Stock
— — — (1,702)— — (1,702)
Exercise of stock options— — — — — 2 2 
Purchase of treasury stock— — — — — — — 
Reissuance of treasury stock— — 1 — — 15 16 
Issuance of non-vested stock— — (265)— — 265 — 
Shared-based compensation— — 1,441 — — — 1,441 
Comprehensive income (loss)— — — 7,321 (4)— 7,317 
BALANCES AT JUNE 30, 202525,369 6,985 181,688 251,204 (189)(16,639)448,418 
Schedule of Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive loss presented in the accompanying consolidated balance sheets consists of the following, all presented net of tax:
June 30,
2026		December 31,
2025
Net unrecognized actuarial loss for pension obligation$(18)$(12)
$(18)$(12)
Schedule of Defined Benefit Plan The components of the net periodic pension cost of the Company’s unfunded nonqualified, defined-benefit plan are as follows:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Service cost$55 $50 $109 $100 
Interest cost467 463 934 927 
Net amortization of prior service cost and actuarial loss(4)(5)(8)(11)
Net periodic pension cost$518 $508 $1,035 $1,016 
Schedule of Disaggregation of Revenue The disaggregation of revenues by business segment for the three and six months ended June 30, 2026 is as follows:
Three Months Ended June 30, 2026
TheatresHotels/Resorts CorporateTotal
Theatre admissions$72,557 $— $— $72,557 
Rooms— 33,706 — 33,706 
Theatre concessions65,264 — — 65,264 
Food and beverage— 22,509 — 22,509 
Other revenues(1)
12,025 14,537 112 26,674 
  Revenue before cost reimbursements149,846 70,752 112 220,710 
Cost reimbursements802 10,232 — 11,034 
Total revenues$150,648 $80,984 $112 $231,744 
Six Months Ended June 30, 2026
TheatresHotels/ResortsCorporateTotal
Theatre admissions$117,382 $— $— $117,382 
Rooms— 54,168 — 54,168 
Theatre concessions104,829 — — 104,829 
Food and beverage— 39,969 — 39,969 
Other revenues(1)
19,849 28,334 185 48,368 
  Revenue before cost reimbursements242,060 122,471 185 364,716 
Cost reimbursements1,516 19,916 — 21,432 
Total revenues$243,576 $142,387 $185 $386,148 
(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.
The disaggregation of revenues by business segment for the three and six months ended June 30, 2025 is as follows:
Three Months Ended June 30, 2025
TheatresHotels/ResortsCorporateTotal
Theatre admissions$62,348 $— $— $62,348 
Rooms— 29,632 — 29,632 
Theatre concessions57,611 — — 57,611 
Food and beverage— 21,291 — 21,291 
Other revenues(1)
11,045 13,634 111 24,790 
  Revenue before cost reimbursements131,004 64,557 111 195,672 
Cost reimbursements646 9,725 — 10,371 
Total revenues$131,650 $74,282 $111 $206,043 
Six Months Ended June 30, 2025
TheatresHotels/ResortsCorporateTotal
Theatre admissions$103,279 $— $— $103,279 
Rooms— 48,907 — 48,907 
Theatre concessions95,611 — — 95,611 
Food and beverage— 39,120 — 39,120 
Other revenues(1)
18,636 28,830 198 47,664 
  Revenue before cost reimbursements217,526 116,857 198 334,581 
Cost reimbursements1,481 18,747 — 20,228 
Total revenues$219,007 $135,604 $198 $354,809 
(1)Included in other revenues is an immaterial amount related to rental income that is not considered revenue from contracts with customers.